2014 Lamborghini Huracan revealed

This is the new Lamborghini Huracan, the replacement for the long-serving Gallardo and a rival for the Ferrari 458 and McLaren MP4-12C.

The Huracan, which follows Lamborghini tradition by taking its name from a famous fighting bull, gets a 5.2-litre V10 engine producing 601bhp at 8250rpm and 413lb ft at 6500rpm. Its chassis uses what Lamborghini calls 'an integrated structure of carbon and aluminium elements' to achieve a total dry weight of 1422kg. The engine is mated to a seven-speed dual-clutch gearbox and a four-wheel drive transmission.

Lamborghini claims the Huracan can reach a top speed of 'more than 202mph' and can crack 0-62mph in 3.2sec, and 0-124mph (200km/h) in 9.9sec. The car's official average fuel consumption figure is 22.6mpg – around 3mpg more than the Gallardo's. The new model's CO2 emissions fall too, to 290g/km, and the car complies with forthcoming EU6 emissions regulations.

The Huracan has three driver-selectable modes – Strada, Sport and Corsa – which adjust many of its systems, including the gearbox shift speed, the exhaust noise, the four-wheel drive set-up, and the stability control.

The two-seat cabin features a sharp, angular fascia incorporating a 12.3in TFT display that shows the main dials and driver information. The seats are clad in a mixture of Nappa leather and Alcantara.

The Huracan will be previewed to 'qualified prospects' from January, with first deliveries expected in the spring. No price has been issued, but we'd expect a figure of around £165,000.